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Appraisal Transfer Letter for Indonesia

Appraisal Transfer Letter Template for Indonesia

A formal document used in Indonesian jurisdiction to facilitate the transfer of appraisal rights, responsibilities, or documentation from one certified appraiser or appraisal company to another. The document adheres to Indonesian valuation standards and regulatory requirements, particularly those set by the Ministry of Finance Regulation No. 101/PMK.01/2014 regarding Public Appraisers. It includes detailed information about the original appraisal, the parties involved in the transfer, and specific terms and conditions of the transfer, ensuring compliance with Indonesian property valuation and professional practice standards.

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What is a Appraisal Transfer Letter?

The Appraisal Transfer Letter is a crucial document used in Indonesian business practice when there is a need to transfer appraisal rights, responsibilities, or documentation from one certified appraiser to another. This situation commonly arises during company mergers, when appraisers change firms, or when client relationships are transferred. The document must comply with Indonesian regulations, particularly the Ministry of Finance regulations governing public appraisers and the Indonesian Valuation Standards (SPI). The letter includes essential details such as the original appraisal information, property details, valuation methodology used, and specific terms of transfer. It serves as an official record of the transfer and ensures continuity in professional service while maintaining compliance with regulatory requirements.

What sections should be included in a Appraisal Transfer Letter?

1. Letter Header: Official letterhead including date, reference number, and addressee details

2. Subject Line: Clear indication that this is an Appraisal Transfer Letter

3. Opening Salutation: Formal greeting to the recipient

4. Transfer Declaration: Clear statement of intent to transfer the appraisal rights/documentation

5. Appraisal Details: Specific details of the appraisal being transferred, including property description, valuation date, and appraisal reference number

6. Transfer Terms: Specific terms and conditions of the transfer including effective date

7. Professional Certification: Statement confirming the professional credentials and compliance with Indonesian appraisal standards

8. Closing: Formal closing statement, signature block, and company stamp

What sections are optional to include in a Appraisal Transfer Letter?

1. Consideration: Include when there is a payment or other consideration for the transfer

2. Confidentiality Statement: Include when the appraisal contains sensitive or confidential information

3. Liability Statement: Include when there's a need to specify ongoing liability or liability transfer arrangements

4. Client Acknowledgment: Include when client acknowledgment of the transfer is required

5. Previous Communications Reference: Include when referring to prior discussions or agreements about the transfer

What schedules should be included in a Appraisal Transfer Letter?

1. Original Appraisal Report: Copy of the complete appraisal report being transferred

2. Professional Credentials: Copies of relevant professional certifications and licenses

3. Property Documentation: Key property documents referenced in the appraisal

4. Transfer Authorization: Any required authorization documents or forms for the transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Ƶ

Document Type

Transfer Letter

Cost

Free to use
Relevant legal definitions



















Clauses















Relevant Industries

Real Estate

Banking and Finance

Insurance

Construction and Development

Asset Management

Property Investment

Infrastructure

Industrial

Commercial Property

Hospitality

Relevant Teams

Legal

Compliance

Valuation

Real Estate

Risk Management

Property Services

Asset Management

Business Development

Professional Standards

Documentation

Relevant Roles

Property Appraiser

Valuation Manager

Real Estate Manager

Asset Manager

Property Portfolio Manager

Compliance Officer

Legal Counsel

Risk Manager

Chief Valuation Officer

Business Development Manager

Property Services Director

Appraisal Department Head

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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